After noting the amount of people affected by the recent news from Cyprus in a Bloomberg report, and considering a practical solution to individuals who are not happy in seeing their savings evaporate both in the bank and the potential depreciation in the Euro currency, First National Innovation Brokers (FNIB.co) has come up with a solution where anyone that opens an account can receive the percentage lost by the Cypriot Banking System.

How can FNIB.co do this? By being a currency broker, FNIB can issue a bonus on any deposit, as it has for its present clients. An account with a forex broker allows the client to have funds housed in a top-tiered global bank with the option of investing and trading in currencies.

"By having an account with us, people will not only have a way of getting their money back but also a way for them to educate themselves and potentially invest in the currency markets," states Gregory Alexander, FNIB. "As people are seeing, diversifying in physical banks isn't always working. A great way to diversify is through currencies. Getting into one, and out of another, say the Euro at the present time, and instead of paying the high fees banks charge, you can do it online with modest capital requirements."

Cypriot banks after Cyprus, the European Council, the European Central Bank and the International Monetary Fund agreed to seize money on deposit in Cypriot banks to fund a $13 billion bailout of the country.For beginners I recommend you how to start forex

Cypriot banks after Cyprus, the European Council, the European Central Bank and the International Monetary Fund agreed to seize money on deposit in Cypriot banks to fund a $13 billion bailout of the country.For beginners I recommend you how to start forex

Hi Thechnique, Economist refer to this as a “haircut”; we think they ought to just say those depositors will get clipped. That, along with other measures, will provide a roughly $7.5 billion down payment for the $13 billion rescue.Fnib in the best way to work in to gold trading platform